Citiwide Properties

What Citiwide Properties does

Citiwide Properties Corp. is a privately held, founder-led real estate brokerage headquartered at 445 Walnut Street Suite 105 in Richardson, Texas, operating across the Dallas-Fort Worth Metroplex since its founding in 2003 by broker David Le. The company runs a 100%-commission brokerage model in which independent licensed agents pay either monthly subscription and per-transaction fees or an 85/15 commission split, with three published tiers: Starter ($19/month + $449/transaction), Premium ($69/month + $249/transaction), and Flat Fee (85/15 with no monthly fee). All plans include a free MLS IDX website, E&O coverage, unlimited listings, no franchise or marketing fees, and 24/7 virtual office and broker support.

The platform combines a public property-listings website spanning residential, land, commercial, and rental categories across 20+ DFW cities, an agent directory of 191-200+ independent professionals, IDX-enabled agent-branded microsites, an online agent-portal for onboarding, and a home value estimation tool. Technology is built on standard MLS IDX data exchange rather than proprietary models, and the operational footprint is intentionally lean — a single Richardson HQ with virtual-office access for the field agent network. Revenue is generated exclusively from agent-paid fees (recurring monthly subscriptions plus per-transaction fees, or commission splits on the Flat Fee tier), with no franchising or marketing-fee surcharges; the consumer-side home value tool is a lead-generation surface rather than a direct revenue stream.

Name

Citiwide Properties

Legal name

Citiwide Properties Corp.

Website

https://citiwideproperties.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Citiwide Properties Corp. is a Richardson, Texas-based 100%-commission real estate brokerage founded in 2003, serving residential buyers, sellers, and renters across the Dallas-Fort Worth Metroplex through a network of 200+ independent agents on tiered fee plans.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

Keywords

• Residential real estate brokerage
• Commercial real estate services
• Property listing platform
• Real estate agent network
• 100% commission brokerage

Headquarters

HQ city

Richardson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Transaction Fees: Agents pay per-transaction fees when closing deals. Starter plan: $449 per transaction, Premium plan: $249 per transaction.
2. Monthly Subscription: Monthly subscription fees from agents. Starter plan: $19/month, Premium plan: $69/month. Flat Fee plan has no monthly fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Citiwide Properties Corp. is a 100% commission real estate brokerage based in Richardson, Texas, serving the Dallas-Fort Worth Metroplex. The company provides residential, commercial, and land buying, selling, and rental services delivered through a network of 200+ independent agents. Agent-facing plans (Starter, Premium, Flat Fee) structure pricing around low monthly fees and per-transaction costs.

Product overview

Citiwide Properties Corp. is a 100% commission real estate brokerage based in Richardson, Texas, serving the Dallas-Fort Worth metroplex. The company operates a core real estate brokerage platform with property listings (residential, land, and commercial) and an agent network of over 200 professionals. Agent services are structured around three commission plans: Starter Plan ($19/month + $449/transaction), Premium Plan ($69/month + $249/transaction), and Flat Fee Plan (85/15 split). Additional offerings include a home value estimation service and IDX-enabled agent websites. The brokerage was founded in 2003 and is led by broker David Le.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Real Estate Brokerage Full-service residential real estate brokerage helping individuals and families buy, sell, and rent homes across the Dallas-Fort Worth Metroplex through a network of 200+ independent agents.
• Commercial Real Estate Services

Quantifiable outcome

• No franchise fees or marketing fees - agents save thousands annually compared to traditional brokerages
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• eXp Realty: eXp Realty is the largest cloud-based, 100% commission real estate brokerage in North America, operating a near-identical agent economic model (low caps, revenue sharing, no franchise fees) to Citiwide but at a national/international scale.
• The Real Brokerage: The Real Brokerage is a tech-enabled, commission-based residential brokerage offering high commission splits and low fees to independent agents, directly competing for the same fee-sensitive agent segment in Texas.
• HomeSmart: HomeSmart is one of the largest flat-fee, high-commission-split residential brokerages in the U.S., competing head-to-head with Citiwide for independent agents seeking to maximize take-home pay.
• United Real Estate: United Real Estate operates a 100% commission, flat-fee residential brokerage model similar to Citiwide, with an active agent-recruitment focus in Texas markets.

Broad incumbents

• Compass: Compass is a large national residential brokerage with a tech-enabled agent platform, competing for top-producing agents in DFW with brand, technology, and lead-generation resources well beyond Citiwide's scale.
• Redfin: Redfin is a tech-forward residential brokerage and portal that serves the same DFW buyer and seller market, leveraging an integrated online platform and salaried agent model.
• Keller Williams Realty: Keller Williams is the largest residential brokerage by agent count in the U.S. and has a very strong DFW footprint, representing the traditional franchise model Citiwide competes against on agent economics.
• Coldwell Banker: Coldwell Banker is a long-established national residential franchise with significant DFW market share, competing for both agents and consumer listings in the same metro.
• RE/MAX: RE/MAX is a global franchise brokerage with extensive DFW presence, traditionally capturing independent agents through franchise models that Citiwide directly undercuts on fees.

Emerging players

• Offerpad: Offerpad is an iBuyer/tech-enabled residential real estate company operating in DFW, offering an alternative cash-offer transaction model that competes for the same home seller customers Citiwide agents serve.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/citiwide-properties-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Citiwide Properties